§ A demand for housing, factories and offices has led to a boom in the construction industry

o Entertainment

§ Mumbai has the world’s; largest film industry, Bollywood

o Leisure and business services

§ Hotels and restaurants

· Mumbai’s wealth has had widespread impacts:

o It provides 33% of India’s entire tax revenue

o 40% of international flights to India land there

o Demand for property has driven rents in exclusive parts of the city higher than those in London or New York

· Globalisation has provided Mumbai with international banks, world-class restaurants, smart cars and headquarters of Indian transnational corporations like Tata Steel, Mukesh Ambani Oil and Godrej Retail – businesses that are now taking over their European and us rivals

· India’s middle class now numbers over 300 million people, and their tastes and preferred lifestyles are often decided in Mumbai

· Like many world cities, Mumbai is a city of contrasts

· Its wealth acts as a magnet to hopefuls who arrive in the city every day, yet most live in poverty